Trade, growth, and poverty in Zambia: Insights from a dynamic GE model

Edward F. Buffie and Manoj Atolia ()

Journal of Policy Modeling, 2012, vol. 34, issue 2, 211-229

Abstract: We analyze how trade policy and aid affect poverty and economic development in a dynamic optimizing model that features a full array of imports (intermediates, consumer goods, and capital goods), transport and distribution costs, sector-specific capital, public investment in social and physical infrastructure, learning externalities, and a dualistic labor market. Our main finding is that policy packages that combine an escalated structure of protection with an escalated structure of export promotion score best; there is no support for the view that free trade or a low uniform tariff is approximately optimal.

Keywords: Poverty; Aid; Trade liberalization; Infrastructure (search for similar items in EconPapers)
JEL-codes: F13 O24 O41 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jpolmo:v:34:y:2012:i:2:p:211-229

DOI: 10.1016/j.jpolmod.2011.07.011

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